Crossroads Plaza is a 288,202 square foot shopping center located in the prominent retail corridor of Adrian, Michigan. At 100% occupancy, 85% of the entire center consists of a strong national and/or regional presence. The asset's major anchors which include Kmart, Big Lots, Hobby Lobby and Staples have leases extending through 2010. Other major tenants include Hollywood Video, Dollar Tree, Goodwill, Sherwin Williams, Hallmark, Payless, H&R Block, Sally Beauty, and Aaron Rentals to name a few.
Crossroads Plaza has been meticulously maintained and managed throughout the years. Recently, the center has undergone significant capital improvements including an updated facade on the north building and parking lot resurfacing. A recent roof report indicates that the buildings are in good condition.
Crossroads Plaza provides investors the opportunity to acquire a stable, well-maintained retail asset in the center of the Adrian, MI Retail Corridor.
